At the time of writing, Amber International Holding Ltd. ADR [AMBR] stock is trading at $11.00, up 4.76%. An important factor to consider is whether the stock is rising or falling in short-term value. The AMBR shares have gain 7.74% over the last week, with a monthly amount drifted -10.68%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Amber International Holding Ltd. ADR [NASDAQ: AMBR] stock has seen the most recent analyst activity on March 24, 2022, when Alliance Global Partners downgraded its rating to a Neutral. On January 27, 2020, Alliance Global Partners initiated with a Buy rating and assigned a price target of $8.50 on the stock. Jefferies started tracking the stock assigning a Buy rating. The Benchmark Company initiated its recommendation with a Buy and recommended $14 as its price target on June 19, 2018. ROTH Capital started tracking with a Buy rating for this stock on February 01, 2018, and assigned it a price target of $10.
For the past year, the stock price of Amber International Holding Ltd. ADR fluctuated between $1.03 and $13.09. Amber International Holding Ltd. ADR [NASDAQ: AMBR] shares were valued at $11.00 at the most recent close of the market.
Analyzing the AMBR fundamentals
According to Amber International Holding Ltd. ADR [NASDAQ:AMBR], the company’s sales were 100.44M for trailing twelve months, which represents an -44.19% plunge. Gross Profit Margin for this corporation currently stands at 0.26% with Operating Profit Margin at -0.31%, Pretax Profit Margin comes in at -0.29%, and Net Profit Margin reading is -0.29%. To continue investigating profitability, this company’s Return on Assets is posted at -0.24, Equity is -0.69 and Total Capital is -0.94. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.11.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 10.49 points at the first support level, and at 9.97 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.26, and for the 2nd resistance point, it is at 11.51.
Ratios To Look Out For
It is important to note that Amber International Holding Ltd. ADR [NASDAQ:AMBR] has a current ratio of 1.01. On the other hand, the Quick Ratio is 1.01, and the Cash Ratio is 0.42. Considering the valuation of this stock, the price to sales ratio is 0.86, the price to book ratio is 3.02.
